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On the sign:
[Emblem of Madrid]
ESTA PLAZA TOMÓ EL NOMBRE DEL FAMOSOTALLER DE LA PLATERÍA QUE CON LA PROTECCIÓN DE CARLOS III SE INSTALÓ EN 1792
EL EDIFICIO OBRA DEL ARQUITECTO CARLOS VARGAS TENÍA UNA FACHADA Y PÓRTICO CON COLUMNAS DE ORDEN DÓRICO REMATADA POR UN GRUPO ESCUITÓRICO DE MINERVA PREMIANDO ALAS NOBLES ARTES
The Martínez workshop and Royal Academy of Goldsmithing was located on the street
The monument/fountain was photographed on the same day: The other side of the monument where the square name appears Click for a larger image The side where the sign is located Click for a larger image
On the sign that says the square’s name, you can see the goldsmiths at work Click for sign's details
Translation of the text on the sign: This square was named after the famous silversmith’s shop, which was established there under the patronage of Charles III in 1792.
The building, designed by architect Carlos Vargas, had a facade and portico with Doric columns topped by a Minerva sculpture group honoring the noble arts.
Click for a larger image 
Click for sign's details 
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